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Sesco unlikely to lower tariffs anytime soon

The Sarawak Electricity Supply Corporation (Sesco) has clarified that it does not anticipate making any significant changes to its electricity tariffs over the next five to 10 years.


HSBC bridging the gap between Malaysia and India

HSBC operations in Malaysia and India are working together to encourage a greater flow of investments between the two countries.


TNB eyes power stations abroad

TENAGA Nasional Bhd (TNB) does not rule out acquiring power stations overseas or supplying power to neighbouring countries, according to chairman Datuk Dr Awang Adek Hussin.


Malakoff buys 90% of SKS Power

INDEPENDENT power producer Malakoff Bhd is buying a 90% stake in SKS Power Sdn Bhd from Northern Power Sdn Bhd for RM835mil cash. The acquisition will enable Malakoff to expand its power generation capacity to 3,595 MW from 1,705 MW now.


Sumitomo wins US$1.3bil SKS Power contract

SKS Power Sdn Bhd has awarded a contract worth US$1.3bil to Japan#039;s Sumitomo Corp to build a 2,100-megawatt coal-fired power plant, industry sources said.


TNB needs to boost efficiency

TENAGA Nasional Bhd (TNB), at the moment, does not look very appealing to many investors as well as analysts.





Kathy Fong writes on Globetronics, TNB, MISC-F, Resorts World and Malakoff.


TNB net profit for 1st half down to RM706mil on forex losses

TENAGA Nasional Bhd (TNB) has posted a net profit of RM706mil for its fiscal 1st half to end-February, down 47% from RM1.3bil in the same period a year earlier. However, revenue came in higher at RM8bil compared with RM7.5bil previously.


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